Little Grove at a glance
1,623
People
$935,500
Median sale
$527/wk
Median rent
2.93%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
WA › Little Grove › King George St
$420,000
Last sold
12 Mar 2021
3
Bedrooms
1
Bathrooms
1
Car spaces
3,440 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$420,000
12 Mar 2021 · derived via latest_sale
Local land rate: recorded House sales in Little Grove (last 5 years) with land size have a median of $560/m² of land (n=34). Districts calculation from recorded sales — not a valuation.
Little Grove at a glance
1,623
People
$935,500
Median sale
$527/wk
Median rent
2.93%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
Vs Little Grove
-55.1%
Median sale
Suburb $935,500
+3.59 pp
Gross yield
Suburb 2.93%
Suburb median $935,500 from 12 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
WAWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 3,440 m² — that is not official geometry. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $527/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 3,440 m² — that is not official geometry.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Nearby
Area
Little Grove at a glance
1,623
People
$935,500
Median sale
$527/wk
Median rent
2.93%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Merrifield Real EstateHankering for a big block and space for the kids to run around? You have it here, in the lovely suburb of Little Grove.
This tidy property consists of a fibro home and shed on 3440sqm in a quiet street within a stone's throw of the primary school and a short walk to the coast of Princess Royal Harbour for fishing and crabbing.
It's a grassy block with a stand of original vegetation of gums and peppermints and enough space for more sheds, a chook run, an orchard and veggie gardens.
Move in here and you could be living the good life just 10 minutes from the CBD.
Built in 1960, the home is a charmer with plenty of scope for improvement and value adding.
It's set back off the road behind a big lawn and a driveway at the side leading to a shed-workshop with power.
Living areas comprise a lounge at the front with a picture window and exposed timber flooring, and a sheltered rear patio with new PVC roofing – a great spot for relaxation all year round.
Adjoining the dining room is the kitchen, which needs updating, and next to that a handy utility room at the back door for storage. Off the utility room are the laundry and toilet.
Two of the bedrooms are doubles and the third is a good-sized single, and the nearby bathroom has a walk-in shower and vanity.
An area of back yard is fenced for young children and dogs to play, and beyond that, a big steel shed with a concrete floor and roller door.
There are so many options here for those favouring a sizeable block with options for improvement and building more sheds.
It wouldn't take much to establish the holding to suit you, and any upgrades could be done at your leisure.
Also featuring a zoning of future urban there is potential subdivision opportunities especially when you consider this property has 2 road frontage. So as a long term investor or potential developer this presents a wonderful change to purchase a quality long term asset.
The property is ideal for families and will also appeal to investors – current long-term tenants are in place until May 2021.
What you need to know:
- Older-style fibro home
- 3440sqm block – grassy with native trees
- Future urban zoning (potential for subdivision)
- 2 road frontage/access
- Shed with concrete floor and roller door
- Garage-workshop with power
- Lounge with timber flooring
- Good-sized sheltered rear patio
- Dining area
- Kitchen with gas cooking
- Utility room
- Laundry
- Bathroom with shower and vanity
- Separate toilet
- Fenced back yard
- Popular family suburb
- 10 minutes to Albany's CBD
- Short walk to primary school
- Close to shore of Princess Royal Harbour
- Council rates $1,938.25
- Water rates $250.40
Listing description written by Jeremy Stewart, Merrifield Real Estate — reproduced as published, not verified by Districts.